It can be challenging to build a sustainable creative business. Every year, I see more and more businesses in the Arts struggling to remain profitable. It’s a fine line between doing what you love creatively and balancing the books. It can be done – but you’ll need to...
Let’s delve into the benefits of digital accounting for arts and creative businesses. These benefits extend far beyond simply using a piece of software rather than doing your accounts on the back of an envelope or a spreadsheet. Arts and creative business...
Arts and creative organisations may be at higher risk of running into cash flow challenges than other businesses. It’s common in the creative industry to be at the mercy of unpredictable and volatile income streams. Many creative businesses work on a project...
You’ve probably heard the term ‘cloud accounting’. But you might not be sure exactly what it is or how it could benefit your creative business. In this article, we’ll explore what you can do with cloud accounting. We'll also consider why you might switch if you...
Sole trader or limited company and Choosing your business structure to save tax ? Previously I talked about the differences between a sole trader and limited company. What you need to consider when deciding what business structure, you should adopt. ...
Making profit must be at the top of your business goals - ignore that at your peril. Firstly, I am going to tell you why making profit is vital for you and your business. Secondly, I will tell you how you go about making profit. But before we go into that,...